Voting Result of Postal Ballot along with Scrutinizer''s Report
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.4 pts more than Nifty Microcap 250 and 5.8 pts more than its Construction Vehicles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Brady & Morris Engineering Company conducted a postal ballot via remote e-voting from March 1 to March 30, 2025, to approve the elevation of Mr. Vaibhav Morarka (DIN: 01630306) from Executive Director to Vice Chairman and Managing Director, effective February 6, 2025. A total of 29 members cast votes representing 17,73,420 shares. Of these, 27 members holding 17,68,977 shares (99.75%) voted in favour, while 2 members holding 4,443 shares (0.25%) voted against. The scrutinizer, M/s Himank Desai & Co, Chartered Accountants, certified that the special resolution was passed with the requisite majority on April 1, 2025.
The elevation formalizes Mr. Vaibhav Morarka's top leadership position at the company, likely signalling continuity in the promoter family's management. The near-unanimous shareholder approval (99.75%) suggests strong support for the current leadership structure.